Donate SIGN UP

Travel expences tax

Avatar Image
josadler7 | 16:20 Fri 25th Nov 2011 | Business
3 Answers
Hi
I am working as a sole trader for a limited company who have sub contracted me to another company. The journey from one company to another is around 40 miles and I use my own vehicle, I believe that I can claim this as an expense in my tax return – does anyone know if this is true or have experience in this area? Thank you in advance.
J
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by josadler7. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Are you classified as Self Employed by HMRC? If so you can claim, otherwise you wil have to claim mileage from your employer.
There's some useful stuff here on doing it.
http://www.sjdaccount...ractors_expenses.html
If you are truly self-employed and you use your home as your normal place of work (i.e. you do not have offices) you should normally be able to claim the distance from home to the limited company anyway as well. Then when you work at the second place, it is the distance from home to this second place that is claimable.
Sounds to me as though the first company, by supplying your services to another company, have taken on the role of an agency. If so you should be on PAYE. Travel expenses in these circumstances are not allowable.

1 to 3 of 3rss feed

Do you know the answer?

Travel expences tax

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.